An empowered ministers' panel meeting tomorrow is likely to take some decisions to tackle price rise and finalise the draft food security bill, which seeks to give the poor the right to get rice and wheat at Rs 3 per kg. The empowered group of ministers, headed by Finance Minister Pranab Mukherjee, is scheduled to review the minimum export price (MEP) for Basmati. In the face of high food inflation, the...
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A new deal for BPL families by Gargi Parsai
The Centre will set up a Central Food Security Fund to monetarily compensate the Below Poverty Line (BPL) beneficiaries of the Targeted Public Distribution System (TPDS) who fail to get the proposed mandatory 25 kilograms of wheat or rice per family per month at a subsidised rate of Rs. 3 per kg. The compensation would be at the economic cost of the foodgrains so that an entitled beneficiary can buy grains...
More »Don't table biotech bill in parliament, CPI to PM
Saying that the biotech bill is all 'wrong and retrogressive', Communist Party of India (CPI) leader D. Raja has written to Prime Minister Manmohan Singh cautioning him not to introduce the 'draconian' bill in parliament. In the letter dated March 11, of which IANS has a copy, the party's national secretary vehemently criticised the bill's main proposal to set up the Biotechnology Regulatory Authority of India (BRAI) under the ambit of...
More »Vision 2010: a dangerous myopia by Amiya Kumar Bagchi
The Central budget of 2010-11 is a further step in the realisation of a vision of India vibrant with the income, wealth, saving, education and the entrepreneurial energy of the top 5-10 per cent of the population and the rest of Indians, serving that minority and surviving as barely literate, malnourished multitude. With the accession of Rajiv Gandhi to power, a vision began to germinate. That vision was that of...
More »Ministers’ panel proposes limits for National food security bill by Liz Mathew and Ruhi Tewari
An empowered group of ministers (eGoM) has urged the government to delink the proposed National Food Security Act (NFSA) from nutritional security and keep the issue price of wheat and rice flexible under the Act. But a top official of the agriculture ministry said some members of the Congress-led United Progressive Alliance government want NFSA to be an “umbrella legislation” addressing social security concerns. “The finance ministry is of the view that...
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